 Businessweek LONDON (AP) — Unemployment in the 17-country euro currency bloc hit another record in May as the crippling financial crisis pushed the continent toward the brink of recession, official figures showed Monday. See all stories on this topic » | ||
| New high for euro zone joblessness Reuters Unemployment rises to 11.1 pct in May* Debt crisis, austerity likely to drive rate higherBy Robin EmmottBRUSSELS, July 2 (Reuters) - Joblessness in the euro zonerose to a new record high in May, See all stories on this topic » | ||
| Markets remain buoyed by euro summit deal Boston.com Gains were limited somewhat by recognition that the measures do not solve many of the euro's longer-term debt problems and Europe's economicproblems remain huge. Unemployment in the eurozone hit 11.1 percent in May, the highest since the euro ... See all stories on this topic » | ||
| Euro zone joblessness reaches new high in May Reuters Unemployment rises to 11.1 pct in May* Debt crisis, austerity likely to drive rate higherBRUSSELS, July 2 (Reuters) - Joblessness in the euro zonerose to a new euro-era record in May, pushed higher. See all stories on this topic » | ||
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| Asian Stocks Rise as China, Japan Data Eases Growth Fears Businessweek Asian stocks rose for a fourth day in the longest winning streak since March as economic data from China to Japan and steps by European leaders to address the sovereign-debt crisis eased concern global growth is slowing. ...By Adam Haigh and Jonathan ... See all stories on this topic » | ||
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| Finns, Dutch cast first doubt on euro zone deal Reuters HELSINKI (Reuters) - Finland and the Netherlands, the euro zone's most hardline creditor states, cast the first doubts on Monday on a European summit deal designed to save Spain and Italy from being engulfed. See all stories on this topic » | ||
| GLOBAL MARKETS-Stocks retreat, euro slips on weak data Reuters Surprise contraction in U.S. factory sector slams markets* Euro slides as euphoria ebbs over last week's debt crisisdeal* Weak European and Asian data also weighs on marketsentimentBy Herbert LashNEW. ... NEW YORK,July 2 (Reuters) - Stocks retreated ... See all stories on this topic » | ||
| GLOBAL MARKETS-Stocks little changed, euro slips on weak data Reuters Surprise contraction in U.S. factory sector hurts markets* Euro slides as euphoria ebbs over last week's debt crisisdeal* Weak European and Asian data also weighs on marketsentimentBy Herbert LashNEW. ... 10:39am EDT. Spirits high in debt-stricken ... See all stories on this topic » | ||
| Eurozone unemployment rises to 11.1 per cent in May, highest rate sinceeuro ... CanadianBusiness.com ... since euro was established. By Pan Pylas, The Associated Press | July02, 2012 ... LONDON - Unemployment in the 17-country euro currency bloc hit another record in May as the continent teetered on the edge of recession because of its crippling ... See all stories on this topic » | ||
| REFILE-EURO DEBT SUPPLY-Euro deal doubts linger over Spain auction Reuters The exact target sale amounts will be announced on Monday at around 1240 GMT. Spooked by politicians' slow progress in dealing with the debt crisis, investors have demanded euro-era-high premiums to buy debt issued by Italy and Spain. Spanish leaders ... See all stories on this topic » | ||
| World stocks little changed, euro slips on weak data Reuters Spirits high in debt-stricken Spain after win Sun, Jul 1 2012 ... NEW YORK (Reuters) - Global stocks were little changed and the euro slipped on Monday, hurt by weak manufacturing data from around the world, while investor euphoria over last week's ... See all stories on this topic » | ||
| World News in brief for July 2, 2012 WalesOnline UNEMPLOYMENT in the 17 country eurozone hit another record in May as it continued to be buffeted by its debt crisis; an attempt to block theeurozone's permanent rescue fund and Europe's new fiscal discipline treaty will be heard by Germany's high ... See all stories on this topic » | ||
| Markets remain buoyed by euro summit deal; stocks up again but euro, oil give ... CanadianBusiness.com LONDON - Markets made further gains Monday as investors continued to cheer Europe's latest efforts to deal with a debt crisis that has clouded the out. ... buoyed by euro summit deal; stocks up again but euro, oil give up some gains. By Pan Pylas, The ... See all stories on this topic » | ||
| Europe: The Good News (If You're American) BullionVault Europe: The Good News (If You're American) - 2 July 2012. Short of a full ...This begs the question: Can the US economy "de-couple" from the Eurozone debt crisis? Ultimately, the answer comes down to fate of the Euro. It's the linchpin to everything ... See all stories on this topic » | ||
| Over 1.8 million more people become jobless in euro zone Business Standard Mirroring the region's economic turbulence, a staggering 1.8 million people became jobless in the debt-laden euro zone in one year since May 2011, according to the latest official data. ... Over 1.8 million more people become jobless in euro zone ... See all stories on this topic » | ||
| Euro deal doubts linger over Spain auction Reuters MADRID (Reuters) - Doubts over the details of an agreement by European leaders to free emergency funds to buy sovereign debt and allow direct bank recapitalization will hang over European auctions next. ... MADRID | Mon Jul 2,2012 1:30pm IST ... See all stories on this topic » | ||
| GLOBAL MARKETS-Asian shares edge up on euro zone bank relief Reuters TOKYO, July 2 (Reuters) - Asian shares rose on Monday with sentiment brightening at the start of the third quarter after European leaders agreed to shore up the region's troubled banks, but the euro gave up some of its gains amid concerns that the debt ... See all stories on this topic » | ||
| GLOBAL ECONOMY-European crisis hits world's factories in June Reuters U.S. ISM manufacturing index shows contraction in June * Euro zone factory PMI holds at 2-1/2-year low * PMIs fall across Asia to multi-month lows, except India * Exports orders falling in. See all stories on this topic » | ||
| CEE manufacturing dips, hit by weak euro zone Reuters WARSAW (Reuters) - Eastern Europe's dominant manufacturing sectors shrank for the third month running in June, dragged down by debt turmoil in the euro zone that is also weighing heavily on their growth. See all stories on this topic » | ||
| The Week Ahead--Week of July 1st, 2012 Forex Pros The Week Ahead--Week of July 1st, 2012 ... So, at this stage, it's too early to declare victory on the Eurozone sovereign debt crisis and the financialmarkets still need more action from Europe. ... The market expects the ECB to cut interest rates by ... See all stories on this topic » | ||
| EURO GOVT-Spanish bond rally stumbles on euro zone deal doubts Reuters LONDON, July 2 (Reuters) - Spanish bond yields rose on Monday as euphoria in riskier assets over last week's euro zone deal to stabilise debtmarkets ebbed on concern over potential implementation hurdles and an uncertain global growth outlook. See all stories on this topic » | ||
| European crisis hits world's factories in June Reuters LONDON/WASHINGTON (Reuters) - Europe's debt crisis slammed into the world's factories last month, with U.S. manufacturing contracting for the first time in nearly three years and Asian countries hit hard. See all stories on this topic » | ||
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| World stocks retreat on weak manufacturing data Reuters India NEW YORK (Reuters) - Stocks retreated and the euro slipped on Monday, hurt by weak manufacturing data from around the world, while investor euphoria over last week's deal on the European debt crisis ebbed.U.S.. ...Traders work at their desks in front ... See all stories on this topic » |
| Can the U.S Economy "de-couple" from the Eurozone Debt Crisis ... ... Price Could Benefit from Policymakers Actions - 2nd July 12. Italy in Crisis: The Decline of the Roman Democracy and Rise of the 'Super Mario' Technocracy - 2nd July 12 ... The Record Breaking 1 Tonne Gold Bulllion Coin - 28th June 12. U.S. Presidential Election 2012: President Obama at the Mercy of U.S. Economy - 28th June 12 ... U.S. New Home Sales Encouraging Signs - 26th June 12. Germany's Finance Minister Lectures Obama On Debtand Defends Euro - 26th June 12 ... The Market Oracle |
| Can the U.S Economy "de-couple" from the Eurozone Debt Crisis ... By Martin Hutchinson As the Eurozone debt crisis drags on, investors are left to wonder how it will affect the U.S. economy. Martin Hutchinson explains. Money Morning ... Main Stories. July 2, 2012. With Internet Traffic Set to Zoom, Here's the Stock You Need to Buy Now. June 28, 2012. Google (Nasdaq: GOOG) Nexus 7 Tablet a Poorly Aimed Shot at Rivals ... From the point of view of one who has travelled fairly frequently in the Eurozone I can tell you I find the euro very convenient indeed. In my London ... Money Morning |
| B.C. Policy Perspectives By Mark Crawford Monday, July 02, 2012. {This is a guest column by freelance writer Joanna Hayward. It provides a very good concise description of the euro crisis and what it means for Canadians--MC}. Last week, in the run up to G20, the Bank of Canada issued a stark ... The 'Euro crisis', or European sovereign debt crisis, is a continuing financial crisis whereby certain countries within theEurozone (e.g. Greece) have been unable to refinance their government debtwithout support from third parties. B.C. Policy Perspectives |
| NewsDaily: Finns, Dutch cast first doubt on euro zone deal By Terhi Kinnunen Finland and the Netherlands, the euro zone's most hardline creditor states, cast the first doubts on Monday on a European summit deal designed to save Spain and Italy from being engulfed by the currency bloc's debt crisis. ... A deal to expand the scope and effective lending capacity of the temporary European Financial Stability Facility (EFSF) last July exacerbated bond market turmoil after a brief rally when it became clear it would take months to ratify. Finland threw a spanner in the ... NewsDaily: Top Headlines |
| Euro Zone Crisis: Unemployment At Record High | Care2 Causes By Kristina Chew But it is also up to European leaders to act to resolve the euro zone debt crisis, which has dragged on since December of 2009. Mario Draghi, the ECB president, had said on May 31 that the bank is reaching the limits of its powers to address ... Care2 Causes |
| Fins and Dutch doubt euro zone deal — RT By RT Finland and the Netherlands threaten to block a European summit deal that is designed to save Spain and Italy from being swamped in the bloc's debt crisis.... The Commission's spokesman on economic and monetary affairs said articles 14-18 of the treaty set out the instruments the European Stability Mechanism (ESM) has at its disposal to maintain financial stability in the euroarea. "Article 19 continues that the board of governors may decide to make changes to that list," ... News RSS : Today |
| New high for euro zone joblessness Unemployment rises to 11.1 pct in May* Debt crisis, austerity likely to drive rate higherBy Robin ... Mon Jul 2, 2012 6:27am EDT ... he said, predicting theeuro zone's economic output to show a contraction in the July-to-September period. www.reuters.com/.../eurozone-unemployment-idUSL6E8I26B... |
| Debt crisis: as it happened - June 26, 2012 - Telegraph Sunday 01 July 2012 ... Common European debt - eurobonds. ... 16.50Eurozone finance ministers will discuss formal requests for financialassistance from ... www.telegraph.co.uk/.../Debt-crisis-as-it-happened-June-26-2... |
| Eurozone crisis live: Unemployment rate hits new high as ... Jörg Asmussen's warning that Greece must comply with its financialprogramme ( as reported back at ... Megan Greene (@economistmeg) July 2,2012 .... buying up sovereign debts (see 11.15am), is a sign that countries at the core of the eurozone are still unwilling to ... That's the highest figure since the creation of the euro. www.guardian.co.uk/.../eurozone-crisis-optimism-eu-summit |
| Eurozone unemployment hits new record in May Eurozone unemployment rises to 11.1 percent in May, highest rate sinceeuro was ... Monday, July 2, 2012 Front Cover Monday, July 2, 2012 Back Cover ... the debt crisis and the future of the euro currency have weighed oneconomic activity. www.newsday.com/.../eurozone-unemployment-hits-new-reco... |
| Eurozone unemployment rises to 11.1 percent in May, highest rate sinceeuro was established PAN PYLAS; First Posted: July 02, 2012 - 9:39 am ... At a summit last Friday,eurozone leaders agreed to a limited economic growth package as well ...over the debt crisis and the future of the euro currency have weighed oneconomic activity. www.greenfieldreporter.com/view/.../EU--Europe-Economy |
| Can the U.S Economy "de-couple" from the Eurozone Debt Crisis ... Eurozone Debt Crisis, What Will Germany Do? - Dennis Gartman. 9. ...Gold Price Could Benefit from Policymakers Actions - 2nd July 12. Italy inCrisis: ... Germany's Finance Minister Lectures Obama On Debt and Defends Euro - 26th June 12 ... www.marketoracle.co.uk/Article35424.html |
| BIS backs banking union to ease euro zone crisis | Reuters 1* Drowning in debt, governments must curb pension, healthcostsBy. ... 01 Jul 2012 ... in Brussels on June 28/29, the 19th such meeting to try to quell the euro zone's 2-1/2-year-old debt and banking crisis. ... "The conclusion is hard to escape that a pan-European financial market and a pan-European central bank require a ... in.reuters.com/.../eurozone-bis-idINL3E8HM4JX20120624 |
| Jollibee retains growth outlook despite euro zone crisis ... 01-Jul-2012, 10:25 PM : Two dead in French disco shooting ... Jollibee Foods Corporation (JFC) Chairman and Chief Executive Officer Tony Tan ... Corp. still expects double-digit growth in system-wide sales despite the euro zone debt crisis. www.interaksyon.com/.../jollibee-retains-growth-outlook-desp... |
| Meeting to plot eurozone crisis reaction | Bangkok Post: news 1 Jul 2012 | 05:51 GMT+7 ... Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong will chair the meeting ... However, he said, there has been no impact from the eurozone debt crisis on Thailand's ... Euro 2012 programme chart ... www.bangkokpost.com/.../governmentcalls-meet-to-plot-euro... |
| European leaders reach key deal on banks - CNN.com NEW: Spain and Italy put pressure on eurozone leaders to come up with ...debt; A single supervisory body will be set up to oversee the eurozone'sbanks ... banks that should help draw the eurozone back from the brink of a gathering crisis. ... the European Financial Stability Facility or European Stability Mechanism, to aid ... edition.cnn.com/2012/06/29/business/eu-summit.../index.html |
| Global stocks rise, euro gains on central bank ... - Finance - Yahoo Mon, 2 Jul, 2012, 8:45 AM EDT - Canadian Markets closed for Canada Day (In ... Investors have been worried about the impact of the euro zone debt crisis on ... ca.finance.yahoo.com/.../asia-stocks-slip-euro-zone-fears-focu... |
| Saving Private Euro goes Rome | Presseurop (English) 1 July 2012 ... His proposals to avoid financial disaster have received support from ... Euro" as headline, discussions and goodwill alone will not solve thecrisis. ... one way or the other debt in eurozone states – including a partial default. www.presseurop.eu/.../2225531-saving-private-euro-goes-rom... |
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